A comparison of the minimum wage with the state pension, which has circulated widely on social media in recent weeks, uses figures which are several years out of date.
The government minimum wage so that people can live reasonably is £8.72 an hour, which equals £15,070.00 per year.While this may have been broadly correct when first posted in 2020, the national living wage in March 2023 is £9.50, which equates to approximately £17,892 per year for someone working 36.
4 hours a week. The national living wage is set to increase in April 2023.This may refer to research published in 2019 which found this was the average amount per year that the bottom fifth of single pensioners by income were getting between 2015 and 2018. The exact amount you receive in state pension depends on the individual.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Social Media Editor - Full FactHelp us reach millions of people with good, reliable information. We’re looking for an expert in social media to help us tackle the spread of misleading claims, hold those responsible to account, and engage and grow our audience of supporters.
Read more »
We're hiring! - Full FactWe're hiring! We're looking for a new Social Media Editor and Digital Campaigns Lead to join our communications team. Help us reach and engage millions of people ahead of the next election 👇
Read more »
Mammogram radiation levels aren’t comparable with nuclear bomb - Full FactA misleading video of a chiropractor claiming that mammograms expose women to as much radiation as standing a mile away from the Hiroshima atomic bomb has resurfaced on social media. This isn’t true.
Read more »
Is a low-FODMAP diet more fiction than fact?If you struggle with gut conditions such as IBS or simply want to beat the bloat, a low-FODMAP diet might sound like the solution. But do they really work, or should we be taking them with a pinch of salt?
Read more »
“Killing Thatcher” tells the full story of the Brighton bombingAs the 25th anniversary nears of the Good Friday Agreement, which brought a fragile peace to Northern Ireland, the book is a warning to those prepared to play fast and loose with its terms
Read more »
Full list of Northern Irish restaurants featured in the Michelin Guide 2023From those with Michelin-star status to Bid Gourmand winners, these 18 restaurants are considered some of the best in NI
Read more »